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308 56 ST Edson, AB T7E 1L6
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Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS® Listing ID A2103021
Sold Date 06/03/24
Originating Board Alberta West Realtors Association
Year Built 1979
Annual Tax Amount $24,010
Tax Year 2023
Lot Size 1.360 Acres
Acres 1.36
Property Sub-Type Industrial
Property Description
INVESTMENT OPPORTUNITY! This 10,526 sq ft Industrial 5 Bay Shop & Office Building is located on 1.39 acres in the Town of Edson. A reputable solid tenant just moved in with a 5-year triple net lease and two 5-year renewal options. With a strategic location offering excellent exposure along Hwy 16, this property is zoned C-2 Service Commercial, making it an ideal choice for businesses seeking a dynamic space. There is approximately 2760 sq ft of Office Space featuring a large Reception area, 8 Offices, two Board Rooms/Staff Meeting Rooms and two Washrooms. The shop has 5 Bays with 14 ft automatic doors, including one Wash Bay, Staff Room, Foreman's Office, Parts Rooms, Laundry room with full hook ups and wash sink, its own washroom, and Mezzanine Storage. Additional features include 400-amp service with three phase power, two brand new overhead furnaces that were just installed that include all new overhead vents, and air conditioning in the Office area. On Demand Hot Water, firewall separating the Office area from the Shop, Rubber Membrane on the roof was upgraded 7 years ago, air compressor lines run through the shop area and so much more. Ample staff parking and fenced compound parking leading to the shop bays to secure your Company Vehicles. This property presents a rare opportunity to invest in a strategically located, well-maintained asset with a reputable tenant in place. Don't miss out on the potential for long-term returns and growth.
Location
State AB
County Yellowhead County
Zoning 12
Interior
Heating Overhead Heater(s), Forced Air, Natural Gas, Radiant
Cooling Central Air
Exterior
Utilities Available Cable Available, DSL Available, Electricity Connected, Natural Gas Connected, Fiber Optics Available, High Speed Internet Available, Phone Connected, Sewer Connected, Water Connected
Roof Type Metal
Building
Foundation Poured Concrete
Sewer Public Sewer
Water Public
Structure Type Brick,Metal Frame,Metal Siding
Others
Restrictions None Known
Tax ID 83601321
Ownership Private
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